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Southern Company


said Monday that Allen Franklin has been elected chairman of the board.

Franklin was named president and chief executives of the Atlanta-based energy company last month. In all positions, he replaced A.W. "Bill" Dahlberg. Both men

recently spoke with

about changes at Southern Company.

Shares of Southern Company fell 14 cents, or 0.4%, to $34.95 in recent trading on the

New York Stock Exchange

. Earlier on Monday, the company hit a 52-week high of $35.72.